Hobo-I think they are standard because they can't guarantee anything that would cause them to have additional liabilities to the existing shareholders. All throughout the document they have placed disclaimers that basically state they can fold if...blah blah blah
All companies are required by the SEC to list all known risk factors when posting financials or an IPO. Some are generic with boilerplate language that applies across the board to any company and others are unique to the company doing the filing. Good to review them but you need to apply your own DD against the risks.